Menu
Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Forget GameStop, These 3 Tech Stocks Are Better Buys Right Now


If you only looked at a chart of the stellar gains that GameStop (NYSE: GME) stock has recently posted, you might assume that the otherwise struggling video game retailer had just unveiled a new technology or model that redefined the business and put it on the path to enormous profits. Let's just say that wasn't the case this time.

A collection of traders noticed that some on Wall Street had bet heavily against GameStop and that its shares could be pushed dramatically higher through coordinated buying. The resulting short squeeze made GameStop's share price skyrocket, and people from all over the world are now eyeing the retailer's stock and wondering if more huge gains are in store.

GME Chart

Continue reading


Source Fool.com

Like: 0
Share

Comments